Business Investments Essay Example | Topics and Well Written Essays - 1000 words

Business Investments - Essay Example What does it mean to invest? During our grandparents’ time, it was called â€Å"saving for a rainy day,† which is exactly what investment means to the personal investor, with all its implications about intending it for a future time of need. However, instead of putting that savings under the mattress or burying it in a metal can in the yard, where it remains stagnant, savings nowadays are â€Å"placed† – either in a savings or time deposit with the bank, lending it to the government through government securities, or making it available for business through stocks or bonds – things we call financial assets. It could also be used to purchase land, jewels or works of art, things we call real assets, which grow only more valuable with time. Sometimes, investors prefer to place their savings in one asset, such as a savings deposit. Such a plan may be simple and straightforward, but it has all the disadvantages of the proverbial eggs-in-one-basket: drop the basket and you lose all your eggs – figuratively speaking, that is. The prevailing wisdom is to put some eggs each in several baskets – that is, to put part of one’s savings in each of several alternative investment vehicles. Each â€Å"vehicle† runs in its own way. Some, like Mini cars, are safe but don’t go very fast; some, like Ferraris, race like the wind but tend to crash at the hands of an inexperienced driver. Some, like BMXs, are quick to sell off for cash, while others, like BMWs, take time and effort – and sometimes a middleman – to liquidate at a good price. Let’s take a look at these â€Å"vehicles,† which are also called â€Å"instruments† because they are used to realize future goals. At present, your money is in some sort of deposit account, maybe a savings or time deposit. This is the safest place you could keep your money in. Unfortunately, it isn’t a good investment at all. The best savings account interest rate offered at present is 1.78%

Contract law assignment Essay Example | Topics and Well Written Essays - 2250 words

Contract law assignment - Essay Example She intends to use the machine both for her restaurant and for family meals. One of the clauses in the sales contract, which is drafted in technical legal language, read as follows: â€Å"Electromart cannot be held responsible for any loss or injury whatsoever caused by any defects in the manufacture or design of any goods sold.† Melinda also enters into an on-site service contract for an extra  £45. In the service contract Electromart agrees to repair the dishwasher if it breaks down within one year of purchase. One of the clauses in the service contract provides: â€Å"The customer bears all the risk of all repairs and nether Electromart nor any of its employees whatsoever accept any liability for any injury, damage or consequential loss, howsoever caused, arising out of any work done or omitted to be done in respect of any insured product.† 1. May a seller (not the manufacturer) of a manufactured product avoid liability from defects of the product by including in its contract the following clause: â€Å"Electromart cannot be held responsible for any loss or injury whatsoever caused by any defects in the manufacture or design of any goods sold.† 2. May Electromart avoid liability as repairer of the product it sold to Melinda by providing in the contract the following clause: â€Å"The customer bears all the risk of all repairs and neither Electromart nor any of its employees whatsoever accept any liability for any injury, damage or consequential loss, howsoever caused, arising out of any work done or omitted to be done in respect of any insured product.† Under the given facts, two days after the machine is delivered the dishwasher floods, causing  £2,000 damage, and  £200 lost business in the restaurant. With only two days having passed when the machine was a delivered, it would be very correct to conclude that he machines was defective especially that facts